British tycoon Ratcliffe makes $5.3 billion bid for Chelsea

British tycoon Ratcliffe

On Friday, British billionaire Jim Ratcliffe announced that his company Ineos had made a £4.25 billion ($5.3 billion) offer to buy Premier League team, Chelsea. Roman Abramovich, the club’s Russian owner, put the Blues up for sale on March 2 before being sanctioned by the British government the following week for Russia’s invasion of Ukraine. … Read more